• 5 minutes THE GREAT OIL PRICE PREDICTION CHALLENGE OF 2018
  • 8 minutes So oil touched $80! (WTI break $71 twice). What does the future hold?
  • 14 minutes China Tariff Threatens U.S. LNG Boom
  • 2 hours Global Hunger Continues to Grow Driven By Climate Change
  • 11 hours Threat: Iran warns U.S, Israel to expect a 'devastating' revenge
  • 2 hours Tesla’s Powerpack Battery in Australia Made up to $17 Million
  • 5 hours Will Robots Bring The Demise Of European Artistry?
  • 17 hours Praise for Alberta
  • 42 mins Downloadable 3D Printed Gun Designs, Yay or Nay?
  • 46 mins Why Are the Maldives Still above Sea Level?
  • 6 hours Nothing new in Middle East? Iran Puts On 'Show Of Strength' Military Exercise In Gulf
  • 10 hours Saudi Aramco IPO Seems Unlikely
  • 23 hours Lack of Global Warming Messes with Russian Arctic LNG Plans
  • 1 day Regime For Regime: China Says Willing To Provide Venezuela With What Help It Can
  • 1 day Freedom Of Internet: Google Plans Censored Version Of Search Engine In China!
  • 5 hours Permian already crested the productivity bell curve - downward now to Tier 2 geological locations
Investors Back Brent To Break $80

Investors Back Brent To Break $80

After a few weeks of…

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC: IMO Rules Will Boost Oil Demand By 400,000 Bpd

OPEC estimates that tighter emission…

News

India Looks To Cut Crude Imports As Oil Prices Rally

India Looks To Cut Crude Imports As Oil Prices Rally

Sep 24, 2018 at 17:22 | Tsvetana Paraskova

India’s oil refiners are considering reducing their crude oil imports and drawing on inventories to try to cut their import costs amid high oil prices and a weakening local currency…

Libya’s Oil Production Hits Highest Since 2013

Libya’s Oil Production Hits Highest Since 2013

Sep 24, 2018 at 15:51 | Tsvetana Paraskova

Libya’s oil production has hit its highest level since 2013, the chairman of the National Oil Corporation (NOC), Mustafa Sanalla, told Bloomberg in response to questions on Sunday. If…

OPEC, Russia Dash Hopes Of Higher Oil Production

OPEC, Russia Dash Hopes Of Higher Oil Production

Sep 24, 2018 at 12:19 | Irina Slav

OPEC and Russia have no immediate plans to increase their combined production despite last week’s call from President Trump for the cartel to start pumping more, Reuters reports, citing…

South Korea Has Bought No Iranian Oil In Three Months

South Korea Has Bought No Iranian Oil In Three Months

Sep 24, 2018 at 08:02 | Irina Slav

South Korea has not bought any Iranian oil since June, an official from the Iranian oil ministry told Shana. This makes it the first country to actually bring its…

Canada Orders New Review Of Trans Mountain Pipeline In Bid To Revive Project

Canada Orders New Review Of Trans Mountain Pipeline In Bid To Revive Project

Sep 21, 2018 at 16:24 | Tsvetana Paraskova

Canada’s federal government instructed on Friday the National Energy Board (NEB) to review the Trans Mountain Pipeline Expansion project again, this time also taking into account the impact of…

Tesla Signs Lithium Supply Deal With China’s Biggest Producer

Tesla Signs Lithium Supply Deal With China’s Biggest Producer

Sep 21, 2018 at 16:19 | Tsvetana Paraskova

China’s largest lithium producer, Ganfeng Lithium, said on Friday that it had signed a three-year deal to supply Tesla with lithium hydroxide for batteries—another lithium supply agreement for Tesla…

Trader Trafigura Beefs Up Crude Oil And Product Tanker Fleet

Trader Trafigura Beefs Up Crude Oil And Product Tanker Fleet

Sep 21, 2018 at 15:55 | Tsvetana Paraskova

One of the world’s major independent commodity traders, Trafigura, has ordered 35 newbuild crude oil and product tankers that will be leased to the trading house with options to buy…

Emirati Oil Co. Begins Hoarding Jet Fuel

Emirati Oil Co. Begins Hoarding Jet Fuel

Sep 21, 2018 at 15:37 | Irina Slav

Emirates National Oil Company has begun storing jet fuel on tankers ahead of U.S. sanctions against Iran, to make sure planes arriving and leaving Dubai have enough fuel, Reuters

Reliance Shuts Down Oil Field On Production Decline

Reliance Shuts Down Oil Field On Production Decline

Sep 21, 2018 at 13:01 | Irina Slav

India’s Reliance Industries has shut down an oil and gas field in the offshore Krishna-Godavari basin after its production rates began to decline several months ago, the company said…

Mexico Needs to Produce More Gas to Ensure Supply Security

Mexico Needs to Produce More Gas to Ensure Supply Security

Sep 21, 2018 at 11:03 | Irina Slav

With growing demand for natural gas for power generation and other applications, Mexico needs to prioritize a domestic production increase, the head of Mexico’s National Hydrocarbons Commission told Reuters…

Oilprice - The No. 1 Source for Oil & Energy News